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Medical Oxygen Concentrators Market to grow at over 10% CAGR from 2016 to 2023

Get more details @ http://bit.ly/2cWFy2l <br>Key market players such as Inogen, O2 Concepts and Philips Respironics dominate the overall medical oxygen concentrators market share. The industry is witnessing entry of new players due to introduction of 2012 USFDA Safety & Innovation Act.

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Medical Oxygen Concentrators Market to grow at over 10% CAGR from 2016 to 2023

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  1. Medical Oxygen Concentrators Market forecast to grow at 10% CAGR from 2016 to 2023: Fractovia.org

  2. Key Insights ofMedical Oxygen Concentrators Market: • Medical Oxygen Concentrators Market, worth more than USD 975 million in 2015, is slated to be valued at a revenue of more than USD 2 billion by 2023, increasing at an estimated CAGR of 10% over 2016-2023. • Most of the elderly population is prone to chronic respiratory and pulmonary illnesses. This factor will fuel medical oxygen concentrators market over the next few years. • With an ever-growing global geriatric population base, favorable reimbursement policies, growing patient awareness, and the huge rise in the occurrence of diseases such as hypertension, COPD, and asthma, global medical oxygen concentrators industry will observe a mounting growth. • Pulse dose industry, having held a revenue of more than USD 450 million in 2015, is anticipated to exceed a revenue of USD 1,000 million by 2023, growing at a CAGR of 11.6% over 2016-2023. • Portable medical oxygen concentrators industry is set to observe the maximum gins over the coming years.

  3. Continued… • This industry is forecast to record a revenue of more than USD 1.2 billion by 2023, fueled by increasing consumer preference toward durable, mobile, and light weight products. • Fixed medical oxygen concentrators industry dominated the product landscape in 2015, having held a revenue in excess of USD 490 million, and will grow significantly over the next few years. • Medical oxygen concentrators industry in non-home care applications is predicted to be valued at more than USD 700 million by 2023, fueled by increasing occurrence of chronic respiratory disorders. • UK medical oxygen concentrators industry size, worth over USD 80 million in 2015, will increase at an annual growth rate of 9.1% over 2016-2023. • Notable industry participants include Philips Respironics, Inogen, Covidien, Teijen, Nidek Medical, and O2 Concepts.

  4. U.S. Medical Oxygen Concentrators Market Size, by Product, 2012 - 2023 (USD Mn)

  5. Browse Full Market Research Report of Medical Oxygen Concentrators Market @ http://bit.ly/2qiQqcF Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/313

  6. Table of Contents: Chapter 1 Methodology and Scope 1.1. Research Methodology 1.1.1. Initial data exploration 1.1.2. Statistical model and forecast 1.1.3. Industry insights and validation 1.2. Data Sources Chapter 2 Executive Summary 2.1. Medical oxygen concentrators industry 3600 synopsis, 2012 - 2023 2.1.1. Business trends 2.1.2. Application trends 2.1.3. Regional trends Chapter 3 Medical Oxygen Concentrators Industry Insights 3.1. Industry segmentation 3.2. Industry size and forecast, 2012 - 2023 3.3. Industry impact forces 3.3.1. Growth drivers 3.3.1.1. Government initiatives 3.3.1.2. Increasing elderly population base prone to COPD

  7. Continued… 3.3.1.3. Increased spending on healthcare 3.3.1.4. Growing COPD prevalence 3.3.1.5. Exposure to dust particles and increasing number of cigarette smokers 3.3.2. Industry pitfalls & challenges 3.3.2.1. Stringent regulatory landscape 3.4. Growth potential analysis 3.5. Technology landscape 3.6. Regulatory landscape 3.6.1 U.S. 3.6.2 Europe 3.6.3 China 3.7. Porter’s analysis 3.8. PESTEL analysis 3.9. Competitive landscape, 2015

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